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    MDM Bank

    News stories featuring MDM Bank:

    Nine Russian banks support Apple Pay

    November 2nd, 2016

    Apple has added nine more financial institutions in Russia which support Apple Pay, AppleInsider reports. The new backers are Tinkoff Bank, Bank Saint Petersburg, Raiffeisenbank, Yandex.Money, Alfa-Bank, MTS Bank, VTB 24, Rocketbank and MDM Bank. Apple Pay went live in Russia last month, initially supported by Mastercard and Sberbank.

    MDM Bank launches HCE in Russia

    September 2nd, 2016

    Customers of Russia’s MDM Bank can now make host card emulation (HCE) based mobile payments using the bank’s mobile banking app. The service is currently available for Mastercard customers only and makes use of OpenWay’s Way4 HCE and tokenisation technology. “Using the MDM Bank mobile app, customers can now pay from their Mastercard account with no need to enter a PIN code or additional app password or even to activate the application before payment,” OpenWay says.

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